Herman Miller (Germany) Technical Analysis

MHR Stock  EUR 24.00  0.60  2.56%   
As of the 12th of December 2024, Herman Miller retains the Risk Adjusted Performance of 0.0234, downside deviation of 2.89, and Market Risk Adjusted Performance of 0.0744. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Herman Miller, as well as the relationship between them. Please check out Herman Miller jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Herman Miller is priced fairly, providing market reflects its last-minute price of 24.0 per share.

Herman Miller Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Herman, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Herman
  
Herman Miller's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Herman Miller technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Herman Miller technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Herman Miller trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Herman Miller Technical Analysis

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The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Herman Miller volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Herman Miller Trend Analysis

Use this graph to draw trend lines for Herman Miller. You can use it to identify possible trend reversals for Herman Miller as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Herman Miller price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Herman Miller Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Herman Miller applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Herman Miller will continue generating value for investors. It has 122 observation points and a regression sum of squares at 24.01, which is the sum of squared deviations for the predicted Herman Miller price change compared to its average price change.

About Herman Miller Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Herman Miller on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Herman Miller based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Herman Miller price pattern first instead of the macroeconomic environment surrounding Herman Miller. By analyzing Herman Miller's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Herman Miller's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Herman Miller specific price patterns or momentum indicators. Please read more on our technical analysis page.

Herman Miller December 12, 2024 Technical Indicators

Most technical analysis of Herman help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Herman from various momentum indicators to cycle indicators. When you analyze Herman charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Herman Stock analysis

When running Herman Miller's price analysis, check to measure Herman Miller's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Herman Miller is operating at the current time. Most of Herman Miller's value examination focuses on studying past and present price action to predict the probability of Herman Miller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Herman Miller's price. Additionally, you may evaluate how the addition of Herman Miller to your portfolios can decrease your overall portfolio volatility.
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